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VOL. 128 | NO. 16 | Thursday, January 24, 2013

Former Harrah’s Headquarters Sells for $4.1 Million

The previous owner of the East Memphis office complex at 1023 Cherry Road has reinvested in the asset for $4.1 million.

Stretched Care

Nonprofit health care organizations face funding challenges

The Herb Kosten Foundation and the International Children’s Heart Foundation (ICHF) are two of many local health care-related nonprofit organizations that face ongoing funding challenges.

Immigration Lawyer Hopeful for Reform

Memphis immigration lawyer Greg Siskind is feeling optimistic at the moment that an immigration reform bill is closer than it’s been in awhile to materializing in and passing through Congress.

First Horizon Raises Dividend and Stock Buyback

This is a good way to start 2013, First Horizon National Corp. chairman and CEO Bryan Jordan said about news the Memphis-based company released Wednesday afternoon:

Dyersburg Mall Sells for $4.4 Million

The Dyersburg Mall has fetched $4.35 million after hitting the online auction block in November.

Local Weather
Today
Memphis, TN
65°F
Fair
Wind: 8 mph
Humidity: 42%

EVENTS

Sales and Marketing Society of the Mid-South will host a roundtable with PeopleCap Advisors principal Meg Thomas Crosby titled “The Growth and Maturity of an Organization” Thursday, Jan. 24, at 7:30 a.m. at Panera Bread, 4530 Poplar Ave., suite 101. Cost in advance is $10 for members and $15 for nonmembers; cost at the door is $20. Visit sms-midsouth.org.

more events »

Schools Merger Begins Move Into Parental Reality

Countywide school board chairman Billy Orgel noticed lots of parents of school children from the county outside of Memphis at the annual camp-out for optional school enrollment over the long weekend.

Sales Tax Referendum Shifts to Late Summer

A referendum on a half-percent city sales tax hike to fund a city pre-kindergarten expansion and roll back the city property tax rate by 20 cents would happen in August or September instead of May.

Dishcrawl Food Tours to Make Memphis Debut

Many have heard of a pub crawl, but a dish crawl – maybe not so much. 

MEMPHIS LAW TALK

Johnson Blends Law, Love of Writing at QP Legal

As a student at Central High School and the University of Miami, Tiffany Johnson enjoyed writing more than anything.

LOCAL COLUMNISTS

You Can Still Save for Retirement

Ray’s Take It may feel as if those gray hairs are multiplying faster than your 401(k). Or maybe your career or other life experience has thrown you curve balls that ate through your savings. Either way, it’s not too late to save for a more comfortable future!

Uncle Tames Crying Baby

Oh, baby! Russell was screaming. At the top of his lungs. Whisked quickly to a distant room, he continued his vocal displeasure. The wailing persisted through the first necessary task. It showed no sign of abatement.

DeNeuville Assists Women on Life’s Journey

Last week we shared the success story of a high school student who overcame tremendous adversity to recently be awarded a $200,000 full-ride scholarship to Brown University. This week let us discuss an organization that is working to assist women of all backgrounds and cultures in learning the skills needed to make positive choices for themselves and their families: DeNeuville Learning Center.

MEMPHIS AREA

Caller's Suspicion Leads to Copper Theft Arrests

Memphis police say someone's suspicion led to the arrest of three men in copper thefts.

STATEWIDE

Big Games Flashy, but Scratch-Offs Pull the Weight

NASHVILLE, Tenn. (AP) — The high-dollar multistate lottery games Powerball and Mega Millions get the attention, but Tennessee lottery officials say the scratch-off state lottery games bring in the money.

REGIONAL

Arkansas Senate Approves Bill on Officials' Salaries

LITTLE ROCK, Ark. (AP) — The Arkansas Senate on Wednesday approved a budget proposal that keeps the salaries of the state's elected officials unchanged in the coming year.

Arkansas House Panel Approves Second Amendment Resolution

LITTLE ROCK, Ark. (AP) — A panel of Arkansas state lawmakers has approved a non-binding resolution that urges the federal government not to limit Second Amendment rights.

Mississippi Casino Regulations Could be Game Changer

JACKSON, Miss. (AP) — Mississippi regulators want new casinos to be sturdier and gambling space larger with better restaurants and hotels.

NATIONAL BUSINESS

Unions Suffer Sharp Decline in Membership

WASHINGTON (AP) — Union membership plummeted last year to the lowest level since the 1930s as cash-strapped state and local governments shed workers and unions had difficulty organizing new members in the private sector despite signs of an improving economy.

IMF Sees Modest 2013 Improvement for World Economy

WASHINGTON (AP) — The International Monetary Fund is projecting a modest rise in global economic growth for 2013, but also warning that problems in the eurozone and the United States could derail momentum.

NATIONAL GOVERNMENT

Corker, Alexander Named to Top GOP Committee Posts

NASHVILLE, Tenn. (AP) — Tennessee's U.S. senators have been named the top Republican members of two key committees.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 242 14,959
MORTGAGES 111 255 19,585
FORECLOSURE NOTICES 21 43 3,838
BUILDING PERMITS 153 512 35,842
BANKRUPTCIES 61 182 14,216
BUSINESS LICENSES 18 104 5,095
UTILITY CONNECTIONS 76 246 21,679
MARRIAGE LICENSES 16 75 4,632

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